Which broker is better for Greece traders in 2026? Expert analysis across 12 categories.
Greece traders looking for a reliable forex broker often compare FXTM and Admirals, two well-established brands serving the Greek market. FXTM (ForexTime) holds a 4.3/5 rating and is known for its low minimum deposits and diverse payment methods including Bank Transfer, Skrill, Neteller, and USDT TRC20. Admirals (formerly Admiral Markets) scores 4.1/5 and offers tight spreads on major pairs plus a strong local presence with an office in Athens. Both brokers are regulated under CySEC and accept Greek residents, making them compliant with local financial regulator standards. Whether you trade from Athens, Thessaloniki, or anywhere in Greece, this comparison focuses on costs, deposit options, and regulation to help you decide.
| Instrument | FXTM | Admirals | Winner |
|---|---|---|---|
| EUR/USD avg spread | 0.09 pips + $3.5/lot | 0.0 pips + $3.5/lot | Admirals |
| XAU/USD (Gold) | $0.14 typical | $0.12 typical | Admirals |
| GBP/USD avg spread | 0.29 pips | 0.23 pips | Admirals |
| Standard acc spread | from 1.0 pips | from 0.8 pips | Admirals |
| ECN commission | $3.5/lot/side | $3.5/lot/side | Tie |
| Min deposit | $200 | $1 | Admirals |
For Greece traders, trading costs vary between FXTM and Admirals. Admirals offers lower spreads on EUR/USD (from 0.0 pips on Zero account with $3 commission per lot) compared to FXTM's ECN account (from 0.1 pips with $2 commission). On Standard accounts, FXTM has spreads from 1.3 pips, while Admirals starts at 0.5 pips. For high-volume traders in Greece, Admirals is cheaper per lot, but FXTM's lower minimum deposit ($10 vs $100) makes it more accessible for small retail traders. Both brokers have no hidden fees for Greek clients.
| Account Type | FXTM | Admirals |
|---|---|---|
| Standard account | ✓ | ✓ |
| ECN / Raw spread | ✓ | ✓ |
| Islamic (swap-free) | ✓ | ✓ |
| Demo account | ✓ | ✓ |
| PAMM / MAM account | ✓ | ✗ |
| Zero spread account | ✗ | ✓ |
| Copy trading | ✓ | ✗ |
| Min deposit | $200 | $1 |
| Entity / Asset | FXTM | Admirals |
|---|---|---|
| Greece (offshore) | Up to 1:3000 | Up to 1:500 |
| Forex major pairs | 1:3000 | 1:500 |
| Gold (XAU/USD) | 1:200 | 1:200 |
| Indices | 1:100 | 1:100 |
| Cryptocurrencies | 1:2 to 1:10 | 1:2 to 1:10 |
| Asset Class | FXTM | Admirals | Winner |
|---|---|---|---|
| Forex pairs | 90+ | 65+ | FXTM |
| Gold (XAU/USD) | ✓ | ✓ | Tie |
| Oil (WTI/Brent) | ✓ | ✓ | Tie |
| Stock indices | 25+ indices | 20+ indices | FXTM |
| Crypto CFDs | ✗ | 20+ | FXTM |
| Stocks / Share CFDs | ✗ | 1,700+ | Admirals |
| ETFs | ✗ | ✓ | Tie |
| Platform | FXTM | Admirals |
|---|---|---|
| MetaTrader 4 (MT4) | ✓ | ✓ |
| MetaTrader 5 (MT5) | ✓ | ✓ |
| cTrader | ✗ | ✓ |
| TradingView | ✗ | ✗ |
| Expert Advisors (EAs) | ✓ | ✓ |
| Scalping allowed | ✓ | ✓ |
| Hedging allowed | ✓ | ✓ |
Both brokers offer MetaTrader 4 and MetaTrader 5, which are popular among Greece traders for their advanced charting and automated trading capabilities. Admirals additionally provides its proprietary WebTrader and a free VPS for high-frequency traders. FXTM also offers FXTM Trader app for mobile trading, which is user-friendly for Greek retail traders on the go. Both platforms are available in Greek language, making them accessible for local traders.
| Factor | FXTM | Admirals | Winner |
|---|---|---|---|
| Execution model | ECN/STP | True ECN | Admirals |
| Avg execution speed | ~30ms | ~40ms | FXTM |
| Slippage | Very low | Very low | Tie |
| Requotes | Very rare | Very rare | Tie |
| Scalping allowed | ✓ | ✓ | Tie |
| EA / Bot trading | ✓ | ✓ | Tie |
Execution quality is excellent at both brokers. FXTM uses ECN/STP execution with average speed of 40ms, suitable for scalping and news trading. Admirals offers DMA (Direct Market Access) on its Zero account, providing institutional-grade execution with no requotes. For Greece traders trading volatile pairs like EUR/USD, both brokers offer reliable execution with low slippage.
| Safety Factor | FXTM | Admirals |
|---|---|---|
| Primary regulator | FCA | FCA |
| Top-tier regulated | ✓ | ✓ |
| Investor protection | ✓ | ✓ |
| Segregated funds | ✓ | ✓ |
| Neg. balance protection | ✓ | ✓ |
FXTM and Admirals are both regulated by CySEC (Cyprus Securities and Exchange Commission) under EU MiFID II rules, which is recognized by the Greek financial regulator (HCMC). This means Greek traders benefit from negative balance protection, investor compensation schemes (up to €20,000), and segregated client funds. Admirals has a physical office in Athens, offering local support and compliance with Greek tax reporting requirements. FXTM operates from Cyprus but accepts Greek clients with full EU regulation. Both are safe and legal for Greece traders.
| Payment Method | FXTM | Admirals |
|---|---|---|
| Bank Wire Transfer | ✓ | ✓ |
| Visa / Mastercard | ✓ | ✓ |
| Skrill | ✓ | ✓ |
| Neteller | ✓ | ✓ |
| USDT / Crypto | ✓ | ✗ |
| Withdrawal time | 24 hours (often in 30 minutes),Credit / Debit Cards (Visa, Mastercard): 1 to 3 business days. | e-wallets take instant to 1 business day, credit/debit cards take 1 business day, and bank transfers take 1 to 3 business days. |
Greece traders have multiple funding options at both brokers. FXTM supports Bank Transfer (1-3 business days, free), Skrill (instant, 1% fee), Neteller (instant, 1.5% fee), and USDT TRC20 (instant, low fees). Admirals offers Bank Transfer, Skrill, and Neteller but does not accept USDT TRC20. Minimum deposits: FXTM starts at $10, Admirals at $100. Withdrawals are free at both brokers, but FXTM processes faster (within 24 hours for e-wallets) compared to Admirals (1-3 days). USDT TRC20 is a unique advantage for Greek traders who prefer crypto-based deposits for speed and low cost.
| Islamic Account Feature | FXTM | Admirals |
|---|---|---|
| Swap-free available | ✓ | ✓ |
| Admin fee instead of swap | On some instruments | On some instruments |
| MT4 / MT5 supported | ✓ | ✓ |
| How to apply | Contact support | Contact support |
Both FXTM and Admirals offer Islamic (swap-free) accounts for Greece Muslim traders who require Sharia-compliant trading. FXTM provides swap-free accounts on request for all account types (Standard, ECN, and Cent) with no additional fees. Admirals offers Islamic accounts on Standard and Zero accounts but requires a minimum deposit of $100. Both brokers allow holding positions overnight without interest charges. FXTM has a slight edge due to lower minimum deposit ($10) for Islamic accounts.
| Support Feature | FXTM | Admirals | Winner |
|---|---|---|---|
| Live chat | ✓ | ✓ | Tie |
| Phone support | ✓ | ✓ | Tie |
| Email support | ✓ | ✓ | Tie |
| 24/7 support | ✗ | ✗ | Tie |
| Response time (chat) | <2 minutes | <3 minutes | FXTM |
Customer support for Greece traders is available in Greek language at both brokers. Admirals offers phone support from its Athens office (local number), plus live chat and email. FXTM provides 24/5 live chat and email support, but no local phone line in Greece. Both have responsive support teams, but Admirals has a slight advantage for Greek speakers due to its physical presence.
| Mobile Feature | FXTM | Admirals | Winner |
|---|---|---|---|
| iOS App Store rating | 4.5 stars | 4.3 stars | FXTM |
| Google Play rating | 4.3 stars | 4.2 stars | FXTM |
| Biometric login | ✓ | ✓ | Tie |
| Push notifications | ✓ | ✓ | Tie |
| Full charting on mobile | ✓ | ✓ | Tie |
| TradingView mobile | ✗ | ✗ | Tie |
| Resource | FXTM | Admirals | Winner |
|---|---|---|---|
| Video tutorials | 100+ videos | 50+ videos | Tie |
| Webinars (live) | Weekly | Monthly | Tie |
| Economic calendar | ✓ | ✓ | Tie |
| Market analysis | Daily | Basic | FXTM |
Choose FXTM if you...
Choose Admirals if you...
For Greece traders in 2026, FXTM edges out Admirals with a 4.3 vs 4.1 rating, primarily due to its lower minimum deposit ($10 vs $100) and unique support for USDT TRC20 deposits, which is popular among Greek crypto users. Both brokers are regulated under CySEC and accepted by the local financial regulator, ensuring safety. However, Admirals offers tighter spreads on major pairs and a local Athens office for personalized support. If you are a retail trader with a small budget or want crypto deposits, choose FXTM. If you trade large volumes and prefer local assistance, choose Admirals. Both are excellent choices for Greece.